MARKET

As Fed stands pat on interest rates, there are ‘a lot of zombie banks out there’

While Federal Reserve Chair Jerome Powell says the banking system looks solid, a buyer of soured debt from banks thinks

MARKET

Tesla’s scare tactics worked to win shareholder approval of Elon Musk’s pay, but problems remain

Many Tesla Inc. shareholders bought into the veiled scare tactics about keeping Chief Executive Elon Musk motivated at the electric-vehicle

MARKET

RH shares fall after furniture retailer reports bigger-than-expected loss

While the upscale chain expects demand to pick up, a slow housing market remains a major headwind. Source link

MARKET

What a legal snag in landmark merchant suit could mean for Visa and Mastercard

Barclays says investors seem to “have high conviction that realistic settlement terms will prove to be quite manageable for the

MARKET

Tempus AI prices its IPO at high end of range

Precision medicine company Tempus AI said its initial public offering of 11.1 million shares priced at $37 each, compared with

MARKET

Stock buyers are keeping S&P 500 momentum strong and volatility low — for now

A low VIX is an overbought condition, but it is not a sell signal. Source link

MARKET

Elon Musk’s $56 billion pay package approved by Tesla shareholders

Tesla held its much-anticipated annual stockholder meeting late Thursday. Source link

MARKET

Adobe surfs AI wave to post record revenue as its stock soars after earnings

The software company’s results and guidance on the bottom line showed upside. Source link